Macroeconomics is an important subject for all commerce and humanities students. It talks about how money is created or how a person earns their livelihood in the day-to-day routine. You can learn several topics and can request your own topic via the contact form:

  • Introduction To Economics
  • Production Possibility Curve
  • Demand Analysis
  • Supply Analysis
  • Forms of Market
  • Money and Banking
  • National Income
  • Aggregate Demand
  • Aggregate Supply
  • Balance of Payment
  • Government Budget

Showing 41 results for "Macroeconomics"

Precautions While Calculating National Income

Under national income, we discussed 3 methods namely: value-added method, income method, and expenditure method. You can revise these methods before learning the precautions of each method while calculating national…

Domestic Territory & Normal Residents

Under national income, the concept of domestic territory and normal residents is crucial. Students get identification questions on this topic and are asked to provide the reasoning of the same.…

GDP and Welfare

GDP is considered as an index of the welfare of the people. Welfare means the sense of material well being among the people. So, higher GDP indicates the greater welfare…

Real and Nominal GDP

We have seen the GDP aggregates, gross and net investment, Methods of GDP calculation and now we will learn about real GDP and nominal GDP. Which is considered to be…

How to Calculate National Income with the Expenditure Method?

Under national income accounting, we have seen the first two method: Value-added method, Income method, now we will understand the third and final method for the calculation of GDP, which…

How to calculate GDP with Income Method?

We have done the basic conversion in national income, which helped us in understanding the GDP calculation under the value-added method. Now, the second method to calculate GDP is the…

Value Added Method

Value Added Method of National Income

There are 3 main methods for calculating National Income; Value-added method, Income method, and the Expenditure method. Today, I will be explaining the value-added method but To understand this method…

What are investments?

What is the gross and net investment?

I will be discussing some specific terms under investments from the national income accounting point of view. I know there are several types of investments, feel free to leave your…

Circular Flow Of Income: In The Two-Sector model

This is an important topic from National Income which we should know if we are good economics experts. The Circular Flow Of Income shows how income circulates in any economy.…

National Income: Formulas & Tricks

We have already discussed the meaning and basics of National Income. Now, as per the request from one student on social media, I am going to discuss some basic conversions…

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